741 LEONARD Street NW, Grand Rapids, MI 49504

$1,999,999
Property Type: Commercial Sale Square Footage: 7,000 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $1,999,999 List Date: 5/31/2024 Last Modified: 2/19/2026

Overview

Description

HERE IS YOUR CHANCE TO OWNER A ICONIC BAR ON THE HIGHLY DESIRABLE WEST SIDE OF GRAND RAPIDS. LOTS OF ROOM TO GROW UPSTAIRS. CURRENTLY USED AS A BAR RESTAURANT. GREAT LOCATION WITH OFF STREET PARKING. LIQUOR LICENSE INCLUDED IN SALE. LAND CONTRACT AVAILABLE IF NEEDED. EXTRA REVENUE ABOVE FOR 2 APARTMENTS. IRON WELL HAS BEEN COMPLETELY UPDATED INSIDE WITH MANY DIFFERENT REVENUE STREAMS. LARGE STAGE THAT HAS HOSTED BANDS SUCH AS FOREIGNER IN THE PAST. THIS BAR HAS A LARGE STAGE AND DANCE AREA ALONG WITH 2POOL TABLES. BAR, BEER TAPS AND COOLERS HAVE ALL BEEN REPLACED.

Listing Details MLS# 23018916

Location Property Info

County
Kent
Street #
741
Street Name
LEONARD
Suffix
Street
Post Direction
NW
State
MI
Zip Code
49504

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.17
Lot Square Footage
7405
Lot Dimensions
40X100
Year Built
1910
Road Frontage
40
Year Remodeled
2020
Total # Units
Yes
# Fin Bldg Lvls
5000
Total # Bldgs
Yes
Total SqFt
7000
Property Use Type
Business
Full Baths
2
Waterfront
No
School District
Grand Rapids

Tax Info

Tax ID #
41-13-13-356-030
Taxable Value
421600
SEV
210800
For Tax Year
2022
Seller's Annual Property Tax
8284
Tax Year
2022
Zoning
COMM

Remarks Misc

Directions
LEONARD ST W FROM US131 TO 741 LEONARDST JUST BEFORE ALPINE AVE

Additional Details

Ceiling Height
10

More Information

Property Features

Property Use: Business Uses: Bar/Tavern/Lounge Business Includes: Equipment; Furniture; Licenses; Real Estate Construction Type: Block; Concrete; Frame/Wood Exterior Material: Aluminum Siding; Block; Brick; Metal Siding; Vinyl Siding Roofing: Rubber Foundation: Block; Concrete Perimeter Below Grade: Full Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Electricity Available; Storm Sewer Heat Source: Natural Gas Heat Type: Forced Air; Hot Water Air Conditioning: Central Air Driveway: Asphalt; Paved Purchase Terms Avail: Cash; Conventional; Land Contract Sale Conditions: None Possession: Close Of Escrow
IDX
Listing Office: Realty Michigan LLC
Listing Agent: Drew Wodarski
Source MLS Verified
Last Updated: February - 19 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.